$SPY possible breakout from asymmetrical triangle

٥ ديسمبر ٢٠٢٣

SPY is currently testing the upper falling trend line of the asymmetrical triangle


If the retest succeeds and the breakout is confirmed, then a year-end rally in the stock markets including new SPY highs is likely

NKE is already one step ahead and the breakout seems to have been successful

١٨ ديسمبر ٢٠٢٣

ملاحظة

Very nice breakout. Asymmetrical triangle is a very strong formation.